Executive Severance Agreement Participant Schedule for Blake W. Krueger and James D. Zwiers

Contract Categories: Human Resources › Severance Agreements
Summary

This document lists key terms for Executive Severance Agreements between the company and two executive officers, Blake W. Krueger and James D. Zwiers. It specifies the salary multiplier, years of service, and the duration of severance benefits in the event of termination or a change of control. Krueger is eligible for a 3x salary multiplier and 36 months of benefits, while Zwiers is eligible for a 2x multiplier and 24 months. These terms apply if their employment ends under certain conditions outlined in their agreements.

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EX-10.9 2 a2018-q4exhibit109severance.htm EXHIBIT 10.9 PARTICIPANT SCHEDULE Exhibit

Exhibit 10.9


The following current executive officers have entered into Executive Severance Agreements with the Company in the form filed herewith. The information listed below is inserted into the blanks for the respective executive officer’s Executive Severance Agreement.
 
 
Salary Multiplier Rate
 
Termination Period
 
Change of Control
Continuation Period
 
 
(Section 4(a)(4))
 
(Section 1(n))
 
(Section 2)
 
 
 
 
 
 
 
Blake W. Krueger
 
3
 
3 years
 
36 months
James D. Zwiers
 
2
 
2 years
 
24 months